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Midland Warehouses
Off-Market
1500 South Western Avenue, Chicago, IL 60608
This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.
- Property Type Industrial - Warehouse/Distribution
- Property Size 500,000 SF
- Lot Size 2.71 Acre
- Parking Spaces Avail. 50
- Parking Ratio 0.10/ 1,000 SF
- Property Tenancy Multi-Tenant
- Building Class B
- Year Built 1916
False
Location
- Walk Score ® Very Walkable (73)
- Transit Score ® Good Transit (66)
- Bike Score ® Very Bikeable (73)
Powered by Walk Score ®
- City Chicago, IL
- Neighborhood Douglas Park
- Zip Code 60608
- Market Chicago
Points of Interest
Transportation
Fuel station
Parking
Restaurants
Stores
Safety
Western Avenue
0.23 miles
Western
0.45 miles
California
0.60 miles
Damen
0.68 miles
18th
0.93 miles
Western
1.03 miles
Kedzie
1.07 miles
Polk
1.16 miles
Illinois Medical District
1.25 miles
Kedzie-Homan
1.44 miles
Mobil
0.25 miles
Shell
0.38 miles
BP
0.52 miles
Speedway
0.76 miles
BP
0.84 miles
Midwest
0.97 miles
Costco Gasoline
0.97 miles
Shell
1.04 miles
Marathon
1.07 miles
Exxon
1.14 miles
Overflow Parking
0.22 miles
Lot W5
0.64 miles
Lot A4
0.81 miles
Lot C4
0.84 miles
Lot A3
0.86 miles
Lot B4
0.86 miles
Wood Street Parking Structure (WSPS)
0.91 miles
Lot B2
0.92 miles
Lot M
0.94 miles
Lot F4
1.06 miles
EL Ideas
0.12 miles
Burger King
0.23 miles
Ja’Grill
0.34 miles
McDonald's
0.40 miles
White Castle
0.43 miles
KFC
0.43 miles
Aloha Wagon
0.47 miles
Casa Cafe Restaurant
0.47 miles
Domino's
0.58 miles
McDonald's
0.58 miles
Workshop Apothecary
0.46 miles
Pete's Fresh Market
0.54 miles
Fairplay Foods
0.64 miles
Walmart Neighborhood Market
0.72 miles
Supermercado El Güero #8
0.74 miles
Jewel-Osco
1.02 miles
ALDI
1.07 miles
Cermak Fresh Market
1.11 miles
Freshway Market
1.15 miles
La Casa del Pueblo
1.31 miles
Sinai Single Outpatient Center
0.31 miles
One Lawndale Community Care & Surgery Center
0.34 miles
Mount Sinai Hospital
0.39 miles
Schwab Rehabilitation Hospital
0.43 miles
Saint Anthony Hospital
0.66 miles
Chicago Fire Department Engine Company 107
0.68 miles
Chicago Fire Department Engine Company 23
0.70 miles
Jesse Brown VA Medical Center
0.78 miles
Mile Square Health Center
0.86 miles
Walgreens
0.89 miles
Contacts
Find property contacts with verified and updated contact information on CommercialEdge: owners, building management, representatives from permits and tenants.
Owner
Tenants
| Suite Name | Tenant | Leased Space |
Rent Price | Lease Type |
Space Type |
Lease Term |
| 370 17th Street #5500 | MERRILL, (303) 446-5500 | 23,824 SF | $23/SF/YR | Modified Gross |
General Office |
11/01/2014- N/A |
| 370 17th Street #6000 |
Morrison & Foerster, (303) 592-1500 |
10,710 SF | $26/SF/YR | Full Service |
General Office |
08/01/2013- 07/31/2023 |
This is a preview. The total list of tenants and suites, along with other lease information, for this property is available on CommercialEdge
Brokers
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Documents
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Sales
Market Trends
Average Actual Rents in Chicago
Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.
Asking Rents in Chicago Office Market
Office rental rates are based on aggregated data of asking rates.
- 2020 Avg. Asking Rent $37.56
- 2020 Office Vacancy Rate 10.77%
- 2020 Office Completions (SF) 3,921,538
Chicago Office Sales Trends
All sale prices are based on publicly recorded, verified sales.
- 2020 Avg. Price per SF $340.24
- Y-o-Y Avg. PpSF Change 25.08%
- 2020 Office Sales Volume $1.5B
- 2020 Number of Transactions 13
Tax
- Property Tax in 2021 $1,544,726
- Market Value* $305,591
- Assessed Value $305,591
Find more tax info, including assessment history and abatements, on CommercialEdge
*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.
Frequently Asked Questions
What is the total square footage of Midland Warehouses?
Midland Warehouses totals 500,000 square feet.
When was this property built?
Midland Warehouses was built in 1916.
What is the property tax for Midland Warehouses?
The property tax for Midland Warehouses in 2021 was $1,544,726.
What is the market value for Midland Warehouses?
The market value* for Midland Warehouses in 2021 was $305,591.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.
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